‘The new normal’ of today’s pandemic has very quickly added Zoom and Microsoft Teams to our lexicon. While we have gone past (thankfully) from the earlier days of hoarding toilet paper from a supermarket run, we also seem to be forcefully embracing online ordering (online grocery sales increased 75% in May 2020 and added 1.6 […]
Tag: Business management
Easing out of lockdown – 3 good reasons you should pick up the phone:
Small business owners are looking to ease out of lock down and start to broadcast to the world that they are still in business. Many believe that they can communicate with their immediate contacts and their wider world solely using social media and emails. Having been out of the office and working from home, some […]
Leadership in turbulent times
The spread of the novel coronavirus (COVID-19) impacts many businesses. In a fast-changing situation, it’s important to have a plan in place. Your approach to leadership will prove to be crucial in how your firm navigates the route to success. Here are my five practical suggestions, providing a guide for your firm. LEADERSHIP The staff […]
Managing Volatility in Business
With 2019 set to be another challenging year, managing volatility and uncertainty will be a skill all business leaders will need to nurture. Here is our checklist for helping you to review your business to ensure it’s as strong as possible. In this post, we focus on the elements that you can control especially from […]
Case Study – 1973 Ltd – Progressing from ‘Doing’ to ‘Managing’ a Business
Growing a creative Digital Marketing Agency CMC helped the directors of this digital marketing agency increase revenue by 387% in just five years. Through business planning and process reviews they continue to grow the company to maximise business value. The Challenge: Grow the business and increase asset value Create time and space for the directors’ […]
The Importance of Cash Flow Forecasting
While researching for this blog I came across several articles, some from well known institutions, advising that cash flow forecasting is a useful tool when running a business. I would suggest that cash flow forecasting far from being just useful, is, in fact, absolutely essential. Phrases such as “cash is king” and “cash is the […]
The Managing Director’s role – how does it evolve?
As a business evolves, the managing director’s role also needs to evolve. Getting this right is one of the most important factors in the successful growth of a business. The skills, capabilities and focus that are needed in the early stages of a business have to change as the business matures and moves on to […]
Keep Control of Your Business – It’s all in the numbers!
I was with a potential client first week back to work in January, they were certain that the business was failing, and the imminent end of the lease on the premises would be a convenient time to wind-up the business. This decision was based upon emotion, and the natural reflective mood of the New Year. […]